The purpose of the Company was to acquire all of the issued and outstanding capital stock of Wilson Bank and Trust (the “Bank”) and act as a one-bank holding. WBHC | Complete Wilson Bank Holding Co. stock news by MarketWatch. commercial, and real estate purposes through its subsidiary, Wilson Bank & Trust. Wilson Bank Holding Co is a Tennessee-based bank holding company of Wilson Bank and Trust. Its banking operations are conducted mainly through its bank.
Wilson bank and trust stock -
Management believes that Smith County offers an environment for continued growth since it is contiguous to Wilson County and has only three other financial institutions serving its residents. Furthermore, no bank holding company may acquire any bank in Tennessee that has been in operation less than three years or organize a new bank in Tennessee, 2 Table of Contents except in the case of certain interim bank mergers and acquisitions of banks in financial difficulty. FDICIA deals with recapitalization of the Bank Insurance Fund, with deposit insurance reform, including requiring the FDIC to establish a risk-based premium assessment system, and with a number of other regulatory and supervisory matters. Source: Kantar Media. In addition, the Bank competes with two credit unions located in Wilson County and two locally-owned banks which were organized in Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. DCB does 1 Table of Contents not have a concentration of deposits obtained from a single person or entity or a small group of persons or entities, the loss of which would have a material adverse effect on the business of DCB. International stock quotes wilson bank and trust stock delayed as per exchange requirements. FDICIA deals with recapitalization of the Bank Insurance Fund, with deposit insurance reform, including requiring the FDIC to establish a risk-based premium assessment system, and with a number of other regulatory and supervisory matters. These institutions enjoy existing depositor relationships; however, the Company believes that CBSC can be expected to offer a wider range of banking services at CBSC through its financial resources as well as programs offered by other subsidiaries of the Company. Certain other usury laws affect limited classes of loans, but the Company believes that the laws referenced above are the most significant. State banks and national banks in Tennessee, however, may establish wilson bank and trust stock
anywhere in the state. Since its opening, the Bank has experienced a steady growth in deposits and loans as a result of providing personal, service-oriented banking services to its targeted market.
Wilson bank and trust stock -
Other state and federal legislation and regulations directly and indirectly affecting banks are likely to be enacted or implemented in the future; however, such legislation and regulations and their effect on the business of the Company and its subsidiaries cannot be predicted. Source: FactSet Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Policies of the regulatory agencies have had a significant effect on the operating results of commercial banks in the past and are expected to do so in the future. The Bank offers a wide range of banking services, including checking, savings, and money market deposit accounts, certificates of deposit and loans for consumer, commercial and real estate purposes. All rights reserved.
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